Ban Seng Teh - May 14, 2024 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Signature
/s/ Louis J. Thorson, Attorney-in-Fact for Ban Seng Teh
Stock symbol
STX
Transactions as of
May 14, 2024
Transactions value $
-$921,785
Form type
4
Date filed
5/15/2024, 05:14 PM
Previous filing
Mar 12, 2024
Next filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Sale -$922K -9.7K -38.99% $95.00 15.2K May 14, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on January 29, 2024 by the Reporting Person.